Source: The post is based on the article “Number of foreign businesses exiting India surpass new entrant” published in The Hindu on 23rd March 2023 What is the News? Over the past few years, foreign businesses exiting India have outnumbered those entering it. What does the government data say about foreign firms in India? The… Continue reading Number of foreign businesses exiting India surpass new entrants
Category: Factly – Indian Economy
This category contains all Current Affairs Factly Articles for Prelims, related to the Indian economy. You can find all relevant Economy updates on this page. This page is specifically useful for UPSC Prelims exam.
India aims at becoming ‘Global Hub for Green Ship’ building by 2030 with launch of Green Tug Transition Programme(GTTP): Union Minister
Source: The post is based on the article “India aims at becoming ‘Global Hub for Green Ship’ building by 2030 with launch of Green Tug Transition Programme(GTTP): Union Minister” published in PIB on 22nd March 2023 What is the News? Union Minister of Ports, Shipping & Waterways (MoPSW) has said India aims at becoming ‘Global… Continue reading India aims at becoming ‘Global Hub for Green Ship’ building by 2030 with launch of Green Tug Transition Programme(GTTP): Union Minister
Panel to moot ways to lure Indian startups back to India
Source: The post is based on the article “Panel to moot ways to lure Indian startups back to India” published in The Hindu on 22nd March 2023 What is the News? The International Financial Services Centres Authority(IFSCA) has formed a committee to design a road map to attract Indian start-ups to set up bases in… Continue reading Panel to moot ways to lure Indian startups back to India
Govt to support solar products’ adoption
Source: The post is based on the article “Govt to support solar products’ adoption” published in Livemint on 22nd March 2023 Contents1 What is the News?2 What is the Off-grid Solar PV Applications programme?3 What is the government planning to do now?4 What are the other steps taken by the government to promote renewable energy?… Continue reading Govt to support solar products’ adoption
Credit Suisse crisis: How AT1 wipeout could impact the global bond market
Source: The post is based on the article “Credit Suisse crisis: How AT1 wipeout could impact the global bond market” published in Indian Express on 22nd March 2023 Contents1 What is the News?2 What are AT1 Bonds?3 How is the US Silicon Valley bank crisis different from the Credit Suisse crisis?4 What will be the… Continue reading Credit Suisse crisis: How AT1 wipeout could impact the global bond market
PM inaugurates the Global Millets (Shree Anna) Conference
Source: The post is based on the article “PM inaugurates the Global Millets (Shree Anna) Conference” published in PIB on 19th March 2023 Contents1 What is the News?2 What is the Global Millets (Shree Anna) Conference?3 About Millets Production in India4 What are the steps taken by the government to promote Millets production in India?… Continue reading PM inaugurates the Global Millets (Shree Anna) Conference
OilMin accepts all major Kirit Parikh panel recommendations on gas pricing
Source: The post is based on the article “OilMin accepts all major Kirit Parikh panel recommendations on gas pricing” published in Business Standard on 20th March 2023 Contents1 What is the News?2 What is the Kirit Parikh committee?3 What are the major recommendations given by the Kirit Parikh committee?4 What is the significance of Kirit… Continue reading OilMin accepts all major Kirit Parikh panel recommendations on gas pricing
PM PRANAM scheme: States to get rewards for organic farming
Source: The post is based on the article “States to get rewards for organic farming” published in Livemint on 20th March 2023 What is the News? The Union government intends to launch a scheme — named PM PRANAM — to reduce the use of chemical fertilizers by incentivising states. How will the PM PRANAM scheme… Continue reading PM PRANAM scheme: States to get rewards for organic farming
Access to facilities and basic it skills
Source: The post is based on the article “Access to facilities and basic it skills” published in The Hindu on 19th March 2023 What is the News? The National Sample Survey Office(NSSO) has released the findings of the Multiple Indicator Survey(MIS). What are the key findings of the survey? Distance to water: Over a third… Continue reading Access to facilities and basic it skills
U.S. bank fallout proves importance of ensuring prudent asset liability management: Das
Source: The post is based on the article “U.S. bank fallout proves importance of ensuring prudent asset liability management: Das” published in The Hindu on 17th March 2023 Contents1 What is the News?2 What is the Silicon Valley Bank Crisis?3 What did the RBI Governor say about the Silicon Valley Bank crisis?4 What are the… Continue reading U.S. bank fallout proves importance of ensuring prudent asset liability management: Das
